Lahore: The Punjab Revenue Authority (PRA) has collected Rs14.37 billion during July 2022, 37.1 per cent higher than Rs10.48 billion collected during the same period last year.
During the FY 2021-22, the authority exceeded its assigned target by collecting over Rs170 billion.
"The growth in revenue reflects a promising start of the current financial year and the Authority is optimistic about successfully achieving its assigned target of Rs190 billion for the current financial year", a PRA spokesperson said.
The PRA attributed this growth in collection to focused efforts of PRA officers and the vision of the Punjab government for providing right direction resulting in desired and favorable results.
It is pertinent to mention that PRA has been exceeding the assigned revenue collection targets for over the past three years while adopting the taxpayer friendly voluntary compliance model which is a great achievement in Pakistan’s scenario having undocumented economy.
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